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As we face the year 2025, the MENA region is poised for growth, with the non-oil economy playing a critical role
IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year
The IMF expects Egypt's economic growth to increase during 2025-2029 to around 5 percent
This initiative will promote food security, reduce poverty, and improve livelihoods for 130,000 individuals
Forum aims to reshape the future of cloud computing and harness its vast potential to advance the digital economy
The region's non-oil sector is expected to grow 4.5 percent in 2024, 7.8 percent in 2025 and 8.6 percent in 2026
The World Bank is committed to achieving the SDGs and highlights the importance of collaborating with the UAE
The K-Hub will focus on two primary areas: competitiveness and diversification
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
The collaboration will create an environment that equips individuals, businesses, and governments with the skills to thrive in the evolving financial landscape
Damages to physical structures alone amount to $3.4 billion while economic losses have reached $5.1 billion
At COP29, Sweden also pledged approximately $19 million to the fund for responding to loss and damage
In 2023, the global market capitalization of stablecoins exceeded $130 billion
Global factors, especially oil production and OPEC decisions, influence growth expectations for GCC economies
Strategy aims to support 250 million women with social protection programs
At the October 2023 IMFC meeting in Marrakech, the UAE announced a $200 million co-financing initiative for the PRGT
World Bank expects the UAE's inflation to reach 2.2 percent this year and decline to approximately 2.1 percent through 2025-2026
The move is a step towards a mandatory market, requiring carbon reduction projects and emissions calculations
Since 1990, only 34 middle-income economies have managed to become high-income
Saudi Arabia's GDP contracted by 0.4 percent annually primarily driven by the 8.5 percent annual decline in oil activities
The $400 million MASAR Program aims to equip Jordanian youth with skills for the labor market and economic transformation
Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions
During the Egyptian-European Investment Conference, Egypt secured a $1.069 billion agreement with the EU
The support aims to boost Egypt's private sector, fiscal resilience, and green growth
